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Environmental economics has traditionally been conducted in a closed economy mode. Most textbooks on the subject still reflect this restriction; international aspects of environmental problems are often not covered at all or dealt with as an afterthought. In a world in which many environmental pollutants spill over national borders, and national economies have become increasingly integrated, this state of affairs is clearly unsatisfactory: rational environmental policies undertaken in a globalizing world need to take the international economic and environmental relationships into consideration. This perception has given rise to much literature employing an open economy approach to analysing environmental problems and policies. After a decade of intensive research, the time has come to take stock of the state-of-the-art knowledge. It is the objective of this volume to provide a review which will be of interest to scholars and graduate students of economics and political science who wish to familiarize themselves with the main issues and actors in the field of international environmental economics. This collection of non-technical, issue-oriented, and comprehensive surveys is written by leading specialists in international and environmental economics.
Both theoretical and applied policy-orientated analysts are indebted to the editors of and contributors to this volume for so thoroughly showing us how the field has progressed in recent years, and what the priorities for further research are. Journal of Economics This book is a very comprehensive set of surveys of a new and rich area for economic research. The reader is helped by the clear prose, by the inclusion of a section at the end of each chapter that summarizes the author's conclusions, by collating all the references at the end of the book, and by including a lengthy index. The book will appeal to new researchers in this area, including graduate students, as well as those currently involved. Journal of Economics This is a book that will be widely welcomed because it provides a state-of-the-art survey of how to take environmental economics out of its traditional closed-economy mode and into an open-economy framework. Journal of Economics Provides a well-balanced theoretical foundation with empirical examples ... this book should be required reading for those policymakers and practitioners who are interested in political economy and for graduate students majoring in international economic, environmental economic and political science. Environmental and Resource Economics This compilation is like a breath of fresh air in the established discipline of environmental economics ... of value to research workers in environmental problems, as well as to students in economics and environment and non-specialists. The book is readable, informative and impartial. International Journal of Environmental Studies
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